[DeepBlue-4]

Hey guys,
im applying to uni this October-ish. the main problem for me isn't grades or anything like that, but as you've probably guessed its money. my dad is not capable of working and my mums job doesn't pay all that well so my family are basically broke, i mean me and my little brother both work part time jobs earning about 180 between us. there is no way in hell i can afford anything close to 9 grand and im planning on doing medicine. how much after all grants, bursaries and whatever else the country so kindly helps me with am i actually expected to pay? how much do i need a year including living expenses? this information would help me alot, so thanks for any comments guys

(p.s. i dont want to take any loans because they arent interest free and that is against my religion, i will do everything in my power before resorting to loans, and frankly im even considering skipping uni because of it)

[OU Student]

It partly depends on where you're going to study.

[I Gurn Hard]

If you don't have the money on hand and are unwilling to receive a loan or bursary, you're probably up **** creek without a paddle.

£9k for 5 years (medicine) is £45k fees. Perhaps some other sort of fee-paying arrangement could be met, but it's unlikely.

Then, factor in living expenses:

It's feasible to live off a pittance. Outside of London you could find a room for £60p/w. Let's say £30 for food and minimum £10 for other unexpected things, even if you don't socialise.

£100 p/w for 52 weeks = £5200

£5200 for 5 years is £26000.

If I were you mate, i'd take out the loans. They enable you to live without money worries for 5 years, and going on your family's financial situation, you'll be eligible for lots of means tested grants (I receive £6275 in means tested grants per year for being below the poverty line - £1500 x 2 and the government grant of £3275.)

Hate to bring religion into it but you have three choices really: fork out nearly £80,000, never experience university life and always wonder "what if?", or violate an (arguably counter-intuitive) religious teaching and follow your dreams. I know what i'd do.

[Jakebrown]

This is genuine curiosity, which religion do you belong to? (if that's not too personal)

Never heard of the whole interest rates going against a religion thing tbh!


This was posted from The Student Roo

[Shani]

There is no help from public funds, other than the loans which you say you do not want to take out.

Assuming you'd be entitled to maximum support, it would mean a grant of £3.5k ish, and then dependant on university, a generous bursary - sometimes cash, sometimes fee waivers.

The NHS would fund your tuition from year 5, but for the first 4 years you'd be expected to pay the tuition fee yourself.

How much money you'd need in total would depend on your specific circumstances - will you be living at home? Which university will you be going to? Will you keep working?

For many students in your position is does come down to either taking a loan or no university.

Are you able to talk to someone within your religion regarding this? I'm sure they will have dealt with it many times before and may have more insight than we may have on here.

[smd4std]

just get a student loan. once you graduate and start earning over 15k you slowly pay it back.

[U.Ahmed]

(Original post by Jakebrown)
This is genuine curiosity, which religion do you belong to? (if that's not too personal)

Never heard of the whole interest rates going against a religion thing tbh!


This was posted from The Student Roo

OP is probably Muslim, as Islam forbids interest.
Personally, I feel as if this section of Sharia Law is very outdated, it is just not feasible any more in today's society.

[DeepBlue-4]

yh to those who are asking yes i am muslim, though this rule isnt feasible in todays society that doesn't mean we shouldn't follow it as muslims, it just means things get harder for us so yhhh. basically interest is frowned upon but there are certain scholars and opinions that say that for education it is permissible because of the necessity behind education, again personally id like to avoid it as best i can so its quite necessary to be aware of the cost of university so i can prepare really and truly though this isnt about my religion (pm me if you wana discuss that) its more about uni lol, can anyone explain why the government raised prices? too high demand, or what?

[I Gurn Hard]

(Original post by DeepBlue-4)
yh to those who are asking yes i am muslim, though this rule isnt feasible in todays society that doesn't mean we shouldn't follow it as muslims, it just means things get harder for us so yhhh. basically interest is frowned upon but there are certain scholars and opinions that say that for education it is permissible because of the necessity behind education, again personally id like to avoid it as best i can so its quite necessary to be aware of the cost of university so i can prepare really and truly though this isnt about my religion (pm me if you wana discuss that) its more about uni lol, can anyone explain why the government raised prices? too high demand, or what?

I suppose you could earn the £80,000 by working 40 hour weeks, although finding any full time work would be hard in this climate. Don't worry though, after rent, food, NI contributions, tax and living expenses, it would only take you around 40 years to save enough money to attend university. Better start job searching.

[DeepBlue-4]

(Original post by I Gurn Hard)
I suppose you could earn the £80,000 by working 40 hour weeks, although finding any full time work would be hard in this climate. Don't worry though, after rent, food, NI contributions, tax and living expenses, it would only take you around 40 years to save enough money to attend university. Better start job searching.

indeed, though i could start looking for sponsors my dad has some connections back in the arab world. and the grants provide about 3 grand so im thinking ill probably be able to just about scrape through. or i could go abroad, study in germany maybe where there education is 2/3 grand a year!

so dont worry too much, i just needed some info, though pray for me

[Jakebrown]

If you check around online for the student loads companies, depending on what country you're from they do offer some grants which are interest free!
In Northern Ireland anyway, we base a lot of grants on family income, so if your household income is low, you may be able to get a large grant!


This was posted from The Student Roo